IBI Group Holdings Limited provided unaudited consolidated earnings guidance for the six months ended 30 September 2023. The group is expected to record an unaudited net loss of approximately HKD 4.9 million for the six months ended 30 September 2023 as compared to an unaudited net loss of approximately HKD 0.2 million for the six months ended 30 September 2022. The aforesaid expected incline in net loss was primarily attributable to i) the lower gross profit margin for projects secured due to competitive tendering; and ii) the delay of certain projects due to late handover of construction site from client.